Price for New Pneumatic Tyres, of Rubber in Uruguay - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Uruguay (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Uruguay (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Uruguay
- Exports of New Pneumatic Tyres, of Rubber in Uruguay
Price for New Pneumatic Tyres, of Rubber in Uruguay (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $59 per unit in 2022, with an increase of 31% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($79 per unit), while the price for Taiwan (Chinese) ($7.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Uruguay (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $205 per unit, picking up by 176% against the previous year. Overall, the export price saw a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($329 per unit), while the average price for exports to Paraguay ($67 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Uruguay
In 2022, the amount of new pneumatic tyres, of rubbers imported into Uruguay rose remarkably to 1.6M units, surging by 5.5% against the previous year. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, new pneumatic tyres, of rubber imports skyrocketed to $97M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of New Pneumatic Tyres, of Rubber in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 19.7 | 28.9 | 37.1 | 21.5% |
| Brazil | 17.2 | 14.6 | 21.3 | 33.5 | 24.9% |
| Thailand | 2.6 | 2.4 | 2.1 | 3.4 | 9.4% |
| Japan | 1.9 | 1.3 | 2.7 | 3.1 | 17.7% |
| Mexico | 1.0 | 0.6 | 0.9 | 2.0 | 26.0% |
| South Korea | 0.9 | 0.5 | 0.8 | 1.8 | 26.0% |
| Argentina | 1.7 | 1.2 | 2.0 | 1.4 | -6.3% |
| Peru | 1.3 | 1.1 | 2.0 | 1.3 | 0.0% |
| Malaysia | 0.6 | 0.5 | 0.7 | 1.0 | 18.6% |
| Indonesia | 0.8 | 0.5 | 0.8 | 0.9 | 4.0% |
| Others | 6.0 | 5.3 | 7.7 | 11.1 | 22.8% |
| Total | 54.6 | 47.8 | 70.0 | 96.6 | 20.9% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Uruguay in 2022:
- China (811.3K units)
- Brazil (423.1K units)
- Thailand (67.8K units)
- Indonesia (47.3K units)
- Japan (45.0K units)
- South Korea (35.2K units)
- Mexico (34.0K units)
- Malaysia (30.1K units)
- Peru (28.4K units)
- Argentina (20.7K units)
Exports of New Pneumatic Tyres, of Rubber in Uruguay
In 2022, new pneumatic tyres, of rubber exports from Uruguay contracted notably to 288 units, falling by -95.3% compared with 2021. Overall, exports faced a sharp shrinkage. The smallest decline of -0.7% was in 2021. Over the period under review, the exports attained the maximum at 7.8K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, new pneumatic tyres, of rubber exports dropped markedly to $59K in 2022. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. As a result, the exports attained the peak of $544K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of New Pneumatic Tyres, of Rubber in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 63.7 | N/A | 24.9 | 23.1 | -28.7% |
| Argentina | N/A | N/A | N/A | 14.1 | 0% |
| Dominican Republic | N/A | N/A | N/A | 12.5 | 0% |
| Bolivia | 16.4 | 14.3 | 3.7 | 5.4 | -30.9% |
| Paraguay | 376 | 49.2 | 370 | 3.2 | -79.6% |
| Free Zones | N/A | 453 | N/A | N/A | 0% |
| Others | N/A | 27.1 | 52.4 | 0.7 | -83.9% |
| Total | 456 | 544 | 451 | 59.0 | -49.4% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Uruguay in 2022:
- Brazil (115.0 units)
- Argentina (64.0 units)
- Paraguay (48.0 units)
- Dominican Republic (38.0 units)
- Bolivia (19.0 units)
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